Gusto

Payroll, benefits, and HR solutions provider

San Francisco, California, United States

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About Gusto

Gusto provides payroll, benefits, and human resources solutions specifically designed for small to medium-sized businesses. Its platform allows users to manage payroll processing, employee benefits, and HR tasks in one integrated system, making it easier for companies that may not have extensive HR resources. Gusto operates on a subscription-based model, offering various pricing tiers to accommodate different business needs, from startups to established companies. This flexibility in pricing helps Gusto stand out from competitors by catering to a wide range of clients. The company's goal is to simplify the management of employee-related tasks, allowing businesses to focus on growth and improving employee satisfaction.

San Francisco, CaliforniaHeadquarters
2011Year Founded
$686.8MTotal Funding
SERIES_ECompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

It’s a marathon, not a sprint: Employees celebrating 5 or 10 years at Gusto enjoy a month-long sabbatical to travel and relax after all their hard work.
Meals and conversations: Free meals, snacks, and drinks to keep us fueled, but more importantly: they bring people together and foster community.
Wellness for every body: We’re proud to offer inclusive health care such as hormone treatments, gender-affirming surgery, therapy, family planning, and more.
The time you need: Our flexible PTO policy means every employee is encouraged to take the time they need now to keep doing great work, long term.
Family-friendly benefits: Fertility treatments, primary and secondary parental leave, sleep coaching, house cleaning for new parents, and more.
Be well, be you: Get free, comprehensive medical, dental, and vision benefits, plus a monthly fitness stipend and mental health resources too.

Risks

AI-powered platforms like Puzzle may reduce demand for Gusto's payroll services.
Digital gifting solutions expansion increases competition in employee benefits.
Stride's portable benefits program may attract clients from Gusto's traditional offerings.

Differentiation

Gusto offers an integrated HR, payroll, and benefits platform for SMEs.
Gusto Embedded allows other platforms to offer tailored payroll solutions.
Gusto's tiered pricing caters to diverse business needs and budgets.

Upsides

Gusto's partnership with Nav enhances financial health insights for small businesses.
Gusto Embedded expands market reach by enabling comprehensive payroll solutions.
Increasing international hiring trends boost demand for Gusto's global HR solutions.

Funding

Total raised$686.84 M
Latest valuation$10.00 B
StageSERIES_E
SERIES E
4/30/2022
$55
$10.00 B
SERIES D
6/30/2019
$200
$3.80 B
SERIES C
6/30/2018
$140
$2.00 B
SERIES B
11/30/2015
$50
$1.00 B
SERIES A
1/31/2014
$20
$100.00 M
SEED
11/30/2012
$6
$30.50 M
SUPPORT PROGRAM
12/31/2011
N/A